July 16, 2010
It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled relationships either. Wholesale brokers are still a much needed asset to retail agents even though the need to …
July 16, 2010
Nobody wishes for a natural disaster, but there’s nothing like a big U.S. hurricane to revitalize shares in property and casualty insurers, currently weighed down by persistently weak insurance prices. Nine analysts polled by Reuters on average said the U.S. …
July 16, 2010
EPIC (Edgewood Partners Insurance Center), a retail property/casualty and employee benefits insurance brokerage, has added Jim Gillette as a principal and senior vice president in its Los Angeles office, as well as added Diane Browne as a property/casualty insurance producer …
July 16, 2010
The U.S. House of Representatives has a measure extending the federal flood insurance program for five years. The bill, H.R. 5114, the “Flood Insurance Reform Priorities Act of 2010,” sponsored by Rep. Maxine Waters (D-Calif.) and Rep. Barney Frank (D-Mass.), …
July 16, 2010
The Senate has passed the Dodd-Frank financial services reform package that will have some impact on the insurance industry and add involvement by the federal government in the state-based insurance regulatory system. The 2,300-page bill, which passed the Senate by …
July 16, 2010
Willis, the global insurance broker, has named Mark Harris senior vice president in the company’s Risk Specialties Practice in Chicago. He will be responsible for business development with a focus on Fortune 1000, middle market, law firms and other professional …
July 16, 2010
David Estrada has been named managing director at Rainmaker Advisory LLC, based in Portland, Ore. Estrada has more than 25 years of experience in the retail insurance brokerage indutsry. He previously was president of USI Northern California.
July 16, 2010
Los Angeles – July 16 2010. Gary Petrosino, Executive Vice President of Chubb & Son, has been appointed President of City of Hope’s National Insurance Industry Council (NIIC) group. Petrosino is an insurance executive, with more than 30 years experience …
July 16, 2010
Torus Executive Risks Limited (TER), a joint venture between Nexus Underwriting Management and global specialty insurer Torus, has entered the Professional Lines market with the appointment of David Robinson as Professional Indemnity Manager. He joins TER from Lloyd’s Syndicate 3210 …
July 15, 2010
Barney & Barney LLC, a San Diego-based insurance brokerages, has added 13 new sales associates throughout its three branches in San Diego, Orange County and the Bay Area. The new hires, who are recent college graduates, include: Sarah Bedford, Robert …